What futures traders tend to forget this time of year…
How to understand and track the impact of earnings on your futures trades and find setups in the volatility.
How to understand and track the impact of earnings on your futures trades and find setups in the volatility.
There is a setup in RBLX, but please be aware of the resistance on the way up. Also NTNT (no trigger, no trade).
This is when you know it’s time to take the money and run.
Don’t fight this when you can just join in.
The answer may surprise you! And it can also give you a better idea of exhaustive moves versus moves that were not as panic-driven as they may have looked.
I share how to use two VWAPs to gauge a likelihood of strength or weakness on the daily which helps with directional bias for daytrades as well as corn, soybeans, bonds, gold, and silver.
If you are in our live trading room, you would’ve seen the timing for a high and resistance today around 10am Eastern on the ES. If you’re not, come join us for live price and timing analysis in the Fibonacci Room at Simpler Trading.
I took an aggressive entry on NET last week, but I’m going to be adding to my position on a pullback, which is happening now.
This week, the key earnings announcements begin, with JNJ, NFLX, DHI, LRCX and more reporting this week. While the market pulled back slightly today, overall it was a non-event — however, I do believe that the market will move big once these companies begin to report. While the path of least resistance is lower, it will all depend on what investors take out of the reports.